Torrance real estate and homes for sale
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Welcome to the market update for real estate in North Torrance. North Torrance is the neighborhood just off of Artesia Blvd just south of 
the homes of Lawndale CA and Gardena. This area has some of the more affordable single family home options compared with other parts of Torrance in some great neighborhoods. Some of the reason for homes being less expensive than in West Torrance and Southwood is A) it’s a bit further from the beach B) the neighborhoods are closer to commercial and industrial property so there are some great small streets but they’re generally not far from busier areas and C) the schools are still great but not quite as highly rated.
Not surprisingly given the coronavirus impacts, the number of homes for sale has gone up while the number of recent sales has dropped slightly (see chart showing the past 15 months)
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Welcome to the real estate trends and statistics for the North Torrance neighborhoods or 90504 homes for sale. Whether you are a buyer, or
a seller, knowing what the market is doing and where it appears to be heading can make all of the difference in the world. If we can be of assistance in any way please don’t hesitate to contact us. You can view these trends for all Torrance CA neighborhoods or specifically for North Torrance – West .
View the current homes for sale in North Torrance.
The chart below shows the recent history of the number of active listings, pending home sales and closed escrows. The higher ratio of active to sold/pending listings shows a buyers market while lower inventory shows a sellers market.
The chart below shows the average price per square foot in North Torrance West. This includes all types of homes including condos, townhomes and single family homes
The chart below shows the percentage of sold price / list price at which an equal number of properties are sold above, equal or below the list price and it indicates how long it has taken to sell those properties.
The chart below shows the difference between the average price for sale in North Torrance and average price of the sold homes. It helps determine whether the market is a buyer or seller market. If the average listing price and average sold price are the closest, the area has the healthiest market.
The chart below shows the months of inventory for a particular month. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.
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